From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: "A. de Rothschild" Subject: Re: apiX Date: Wed, 04 Mar 2015 14:30:58 +0000 of course. , - Ugo Brachetti Peretti On Wed, Mar 4, 2015 at 3:29 PM, A. de Rothschild Fyi Do you think my guy could go meet Ugo ( or his cfo) directly? Ariane de Rothschild Debut du message transfers : > wrote: Expediteur: DUSCH Jean-Francis Date: 4 mars 2015 10:45:34 UTC+1 Destinataire: "A. de Rothschild" < >, "COLOM, Olivier" Objet: apiX Dear Ariane, dear Olivier, Sony for the appalling code name (although it is a reference to our first African PPP!). In addition to a large fund and/ or industrial sponsor who would have an interest in the development strategy of the company, one route could also be to pool a group a Italian institutions/ large deep pocket families. They may see the national angle and, as we are currently marketing some Italian names as part of the marketing of Bridge Lux, it seems obvious that Italian institutions need a strong national angle to invest. Which apiX offers as it provides both Italian integrated energy assets and Italian/ international renewable development strategy. This is quite appealing. Kind regards. JF ********************************************************************** This message may contain confidential or proprietary information. Using, copying or forwarding this message and any attachments is forbidden without the express permission of Edmond de Rothschild (UK) Limited. We cannot accept liability for any damage sustained as a result of software viruses and advise that you carry out your own virus checks before opening any attachments. Unless expressly stated to the contrary, information and opinions contained herein are those of its author only and do not necessarily represent those of the Edmond de Rothschild Group or create a contract on behalf of any group company. The contents of this message are intended for information purposes only and do not constitute investment advice or an offer to sell or to buy any EFTA00863004 security or participate in any trading strategy. Any Investment Information is intended for use by professional investors only and not for private customers. Edmond de Rothschild (UK) Limited (Registered in England and Wales Company No. 1750485) Edmond de Rothschild Securities (UK) Limited (Registered in England and Wales Company No. 1831705) Authorised and regulated by the Financial Conduct Authority - Firm No. 114803 A member of the London Stock Exchange, Euronext and ICMA (International Capital Markets Association). Edmond de Rothschild Capital Holdings Limited (Registered in England and Wales Company No. 1831706) Authorised and regulated by the Financial Conduct Authority - Firm No. 144038 Edmond de Rothschild Asset Management (UK) Limited (Registered in England and Wales Company No. 2144903) Authorised and regulated by the Financial Conduct Authority - Firm No. 578074 Edmond de Rothschild Private Merchant Banking LLP (Registered in England as a limited liability partnership No OC377099) Authorised and Regulated by the Financial Conduct Authority — Firm No 587457 All the above have their Registered Office and main place of business at: 4 Carlton Gardens, London SW1Y 5AA, United Kingdom Ted • please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00863005